Senior Supply Demand Planning Manager
Wellmore Holdings, United States
Job Description
About WellMore Holdings
WellMore Holdings owns and operates a portfolio of clean, fast-growing brands across several health and wellness categories, including sports nutrition, plant-based protein, collagen, teas, and superfoods. Owned by WM Partners, the WellMore portfolio of brands includes Vega, Great Lakes Wellness, Jade Leaf Matcha, and FGO (From Great Origins).
WellMore is committed to making clean, great-tasting products that improve the health and wellbeing of our consumers and the planet! It is the people that make us who we are: a diverse community of ambitious humans working tirelessly to make a positive impact on the planet, on people, and on the communities, we live in.
Location/Workplace
Denver/Hybrid is preferred; US remote candidates with strong experience may be considered.
About the Role
This role is responsible for developing accurate and timely demand forecasts, maintaining optimized inventory positions and minimizing forecast variability, along with managing finished good inventory production through our contract manufacturing sites. To succeed in this role, it is essential to have a solid understanding of the manufacturing processes, scheduling, procurement, inventory control and the Samp;OP process.
What You’ll Do
Demand Planning
- Develop accurate and timely demand forecast while maintaining optimized inventory levels and minimizing forecast variability.
- Partner with Sales, Marketing, Finance, and the Commercial Planning teams to build the consensus demand plan through the Samp;OP process.
- Ensure consistency of forecast assumptions and models across brands.
- Ensure alignment of Demand Forecast with Sales Estimate and/or provide reconciliation and analysis of variance.
- Focus on accuracy of demand plan for new product launches based on accurate analysis of distribution builds and velocity/share expectations.
- Analyze historical sales data and prepare plans. Work cross-functionality and proactively monitor forecast error/accuracy including root cause analysis to achieve continuous improvement in demand forecast accuracy.
- Lead monthly Demand Reviews with key stakeholders, as part of Samp;OP process, to communicate consensus demand plan and gain alignment on critical business decisions/hot topics.
Supply Planning
- Monitor and manage inventory levels across all brands.
- Inventory optimization / coverage: drive continuous improvement to overall inventory holdings, delivering both availability and asset management objectives. This includes recommending appropriate stock holding parameters to facilitate management of the flow of inventory from the co-man to our warehouse locations.
- Anticipate supply problems and implement resolution, manage inventory trend projections, and provide clear scheduling direction.
- Analyze weekly supply versus demand and implement any required actions.
- Drive discussions with Sales regarding excessively low or high inventory positions to proactively manage stock outs and write offs due to short dating.
- Lead the supply planning team in ensuring a high level of service to Sales while minimizing additional costs.
- Reporting/Meetings: Facilitate weekly Samp;OE meetings with key stakeholders to communicate risks to demand/orders vs supply positions and execute mitigation steps. Develop critical KPI’s and metrics, and tools to track and measure progress towards targets. Lead monthly Supply Reviews (as part of Samp;OP) to discuss brand-specific supply plans, inventory projections, and anticipated supply challenges.
- Monitor accuracy of PO’s pricing and date requirements.
- Build and maintain vendor relationships, monitor vendor performance and provide feedback to key vendors.
Requirements
What We’re Looking For
- BA/BS degree in Supply Chain, Engineering, Business or related field preferred
- 7+ years of relevant business experience within Manufacturing or Supply Chain
- Track record of successfully improving existing supply amp; demand planning processes
- End-to-end understanding of the supply network from component supply through to finished goods shipments to customers
- Experience with statistics-based stock policies, with prior experience in optimizing inventory to facilitate best use of net working capital (inventory, storage cost, logistics costs)
- Strong leadership, communication and influencing skills
- Experience working collaboratively and cross-functionally to identify and mitigate potential risks and to drive overall business results
- ERP system experience (NetSuite preferred)
- Forecasting amp; planning tool knowledge (Foreca